Comparative research on property and casualty insurance industry in China and Korea

Property and casualty insurance industry is a risk management one,whose key competitive factor is the(ability) of risk management.In this paper,the risk management systems of property and casualty insurance industry in China and Korea are compared from insurance regulation organization and typical market player.The market player's comparison is composed of research and propagation,product development,business management,customer management and information and technology.In the end,some advice for improvement is proposed.